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Comparative financial statements for Weaver Company lolow. Comparativ wallet . 293 152 229 295 403 08 (1) (7) 19 35 28 16 A cewe Prepaid est Yotal current reperty, plant, ut Les mit depreciation property, plant, et e vet Total ities will Stockholders Accus pyhle Acionalities Income payable total current les and able Yotalt Cock ng PORARY Tuttitte weity re 7) 22 65 M 122 SHO 110 95 1 3:10H Next > $ 14 5 8 9 O R T U F F G H. K c c V 00 B N N M M Weaver Company Income Statement For This Year Ended December 31 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items: Gain on sale of investments Loss on sale of equipment Income before taxes Income taxes Net income $750 445 305 221 84 $ 5 (3) 2 86 24 $ 62 During this year, Weaver sold some equipment for $18 that had cost $31 and on which there was accumulated depreciation of $10. In addition, the company sold long-term investments for $12 that had cost $7 when purchased several years ago Weaver paid a cash dividend this year and the company repurchased $41 of its own stock. This year Weaver did not retire any bonds. equired: Using the indirect method, determine the net cash provided by used in operating activities for this year. (List any deduction in cosh and cash outflows os negative amounts.) Weaver Company Statement of Cash Flows.Indirect Method (partial th 38F Sunny hp Required: 1. Using the indirect method, determine the net cash provided by/used in operating activities for this year. (List any deduction in cash and cash outflows os negative amounts.) Weaver Company Statement of Cash Flows Indirect Method (partial) 15 ere to search 30F Sunny A. hp 3 $ 4 5 8 7 00 9 w E R T U w Comparative financial statements for Weaver Company lolow. Comparativ wallet . 293 152 229 295 403 08 (1) (7) 19 35 28 16 A cewe Prepaid est Yotal current reperty, plant, ut Les mit depreciation property, plant, et e vet Total ities will Stockholders Accus pyhle Acionalities Income payable total current les and able Yotalt Cock ng PORARY Tuttitte weity re 7) 22 65 M 122 SHO 110 95 1 3:10H Next > $ 14 5 8 9 O R T U F F G H. K c c V 00 B N N M M Weaver Company Income Statement For This Year Ended December 31 Sales Cost of goods sold Gross margin Selling and administrative expenses Net operating income Nonoperating items: Gain on sale of investments Loss on sale of equipment Income before taxes Income taxes Net income $750 445 305 221 84 $ 5 (3) 2 86 24 $ 62 During this year, Weaver sold some equipment for $18 that had cost $31 and on which there was accumulated depreciation of $10. In addition, the company sold long-term investments for $12 that had cost $7 when purchased several years ago Weaver paid a cash dividend this year and the company repurchased $41 of its own stock. This year Weaver did not retire any bonds. equired: Using the indirect method, determine the net cash provided by used in operating activities for this year. (List any deduction in cosh and cash outflows os negative amounts.) Weaver Company Statement of Cash Flows.Indirect Method (partial th 38F Sunny hp Required: 1. Using the indirect method, determine the net cash provided by/used in operating activities for this year. (List any deduction in cash and cash outflows os negative amounts.) Weaver Company Statement of Cash Flows Indirect Method (partial) 15 ere to search 30F Sunny A. hp 3 $ 4 5 8 7 00 9 w E R T U w